Indo Euro Indchem Ltd Company Summary

Indo Euro Indchem Limited was initially incorporated as Rinku Polychem Limited on July 11, 1990. The Company is operating in Pigment and Organic Chemical. The Company with the objective to grow started venturing into new business and also started trading of laminates, Base Paper etc.

Company changed its name to Indo Euro Indchem Limited on May 5, 2011 in order to grow its new business of importing Base paper, Press Plate, And Tissue paper, laminates etc. Its major products are imported from Europe, Japan and China.The Company started trading business of laminates, Base Paper etc. It changed the name to Indo Euro Indchem Ltd to grow its new business of importing Base paper, Press Plate, And Tissue paper, laminates etc.

In Jan.94, the company came out with a public issue of 60 lac equity shares at par aggregating Rs 6 cr to part-finance its Rs 10.85-cr project to manufacture dyes, dye-intermediates and speciality chemicals at MIDC, Osmanabad, Maharashtra.This project has backward and forward linkages with other chemical industries. The backward linkages are into industries like petrochemicals, organic and inorganic chemicals, the forward linkages are with industries like textiles, plastics, paints, varnishes, pharmaceuticals and fine chemicals.